FWIW Chart from Bull Market Run fellas
Gold Canyon Resources (GCU, TSX-V)
In northern Ontario, Gold Canyon Resources (GCU, TSX-V) continues to make progress at its Sprinpole Project…yesterday, the company released additional infill drilling results which included 311 metres grading 1.81 g/t Au in SP12-179…this hole demonstrated continuity of mineralization 60 metres below the potential pit which was used in the calculation of the NI-43-101 resource estimate in February of this year…a new resource estimate will be coming out in the fourth quarter, taking into account recent positive drill results including SP12-179…
John’s updated GCU 2.5-year weekly chart shows the stock is now up against down trendline resistance for the fourth time in about a year…all factors considered, we do expect to see a breakout in GCU in the neat future…
